Smart Employee Benefits Inc. (“SEB”) (TSXV:SEB), is pleased to announce it intends to complete a private placement consisting of up to $1,500,000 principal amount of convertible notes (the “Notes”). The term of the Notes will be 2 years.  

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB), is a technology company providing software, solutions and services specializing in “managing group benefit solutions and healthcare claims processing environments” for corporate, government and non-profit clients. SEB has reached an agreement to acquire Logitek Technology Ltd. (“QLogitek”).

Smart Employee Benefits Inc. (the “Company”) (TSX-V: SEB) (formerly Whiteknight Acquisitions Inc.) advises that 500,000 share purchase options in the common share stock of the Company were granted to the 5 Independent Directors of the Company on August 16, 2012. Each of the Independent Directors received 100,000 of the share purchase options.

Whiteknight Acquisitions Inc. (the “Company”) (TSX VENTURE:SEB) is providing an update regarding results of the Company’s annual Shareholder Meeting held July 30, 2012 (“Meeting”).

As previously disclosed in a press release dated July 11, 2012, Whiteknight Acquisitions Inc. (the “Company”) (TSX VENTURE:SEB) closed its Qualifying Transaction (“QT”) on July 11, 2012 (as such term is defined in Policy 2.4 of the Corporate Finance Manual of the TSX Venture Exchange) involving the exchange of all of the issued and outstanding securities of Smart Employee Solutions Inc. (“SES”).

Whiteknight Acquisitions Inc. (the “Company”) (TSX-V: SEB) is providing an update to the director nominees for its upcoming meeting of shareholders to be held on July 30, 2012 (the “Meeting”).

Whiteknight Acquisitions Inc. (the “Company”) (TSX VENTURE:WKA.P), a Capital Pool Company, is pleased to announce that it closed its Qualifying Transaction today (as such term is defined in Policy 2.4 of the Corporate Finance Manual of the TSX Venture Exchange) (the “Exchange”) involving the exchange of all of the issued and outstanding securities of Smart Employee Solutions Inc. (“SES”), for securities of the Company at the equivalent of 10 securities of the Company for each one security of SES issued and outstanding at the time of closing.

Whiteknight Acquisitions Inc. (“Whiteknight“) (TSX VENTURE:WKA.P), a Capital Pool Company, is pleased to provide an update to its Qualifying Transaction (as such term is defined in Policy 2.4 of the Corporate Finance Manual of the TSX Venture Exchange) (the “Exchange“) with Smart Employee Solutions Inc.

Whiteknight Acquisitions Inc. (“Whiteknight“) (TSX VENTURE:WKA.P), a Capital Pool Company, is pleased to announce that it has received conditional approval from the TSX Venture Exchange (the “Exchange“) for its Qualifying Transaction (as such term is defined in Policy 2.4 of the Corporate Finance Manual of the Exchange) with Smart Employee Solutions Inc.

Smart Employee Benefits Inc. (“SEB”) (TSX VENTURE:SEB) is a technology company providing software, solutions and services, specializing in managing group benefit solutions and healthcare claims processing environments for corporate and non-profit clients.